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Applied Microeconomics

Applied Microeconomics

The Applied Microeconomics research group unites researchers working on a broad array of topics within such areas as labour economics, economics of education, health economics, family economics, urban economics, environmental economics, and the economics of science and innovation. The group operates in close collaboration with the CAGE Research Centre.

The group participates in the CAGE seminar on Applied Economics, which runs weekly on Tuesdays at 2:15pm. Students and faculty members of the group present their ongoing work in two brown bag seminars, held weekly on Tuesdays and Wednesdays at 1pm. Students, in collaboration with faculty members, also organise a bi-weekly reading group in applied econometrics on Thursdays at 1pm. The group organises numerous events throughout the year, including the Research Away Day and several thematic workshops.

Our activities

Work in Progress seminars

Tuesdays and Wednesdays 1-2pm

Students and faculty members of the group present their work in progress in two brown bag seminars. See below for a detailed scheduled of speakers.

Applied Econometrics reading group

Thursdays (bi-weekly) 1-2pm

Organised by students in collaboration with faculty members. See the Events calendar below for further details

People

Academics

Academics associated with the Applied Microeconomics Group are:


Natalia Zinovyeva

Co-ordinator

Manuel Bagues

Deputy Co-ordinator


Events

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PEPE Seminar (Political Economy and Public Economics) Seminar - Volha Charnysh (MIT)

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Location: S2.79

Title: Consequences of the Black Sea Slave Trade: Long-Run Development in Eastern Europe

Authors: Volha Charnysh and Ranjit Lall

Abstract: We investigate the developmental consequences of slave-raiding in Eastern Europe, the largest source of slaves in the early modern world after West Africa. Drawing on a wide-ranging new dataset, we estimate that at least 5 million people were enslaved from 735 locations across the region between the 15th and 18th centuries. We hypothesize that, over time, slave raids encouraged an economically advantageous process of defensive state-building linked to raided societies' resistance to and lack of integration into the slave trade. Using difference-in-differences and instrumental variables strategies, we find that exposure to raids is positively associated with long-run urban growth and several related indicators of demographic and commercial development. Consistent with our posited mechanism, raided areas constructed more robust defenses and attained higher levels of administrative, military, and fiscal capacity. Our findings suggest that the structure of slave production conditions its developmental legacies, cautioning against drawing generalizations from the African context.

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